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There are five golden rules of accounting.
The first rule is to maintain a record of all financial transactions.
The second rule is to record transactions in the appropriate account.
The third rule is to ensure that all transactions are recorded at their actual cost.
The fourth rule is to record all transactions in the currency of the country where the transaction occurred.
The fifth rule is to prepare a balance sheet and i...
Expenses budget is a financial plan that outlines the expected costs of a business or individual over a specific period.
It is a projection of expected expenses for a specific period
It helps in managing cash flow and avoiding overspending
It can be used to identify areas where expenses can be reduced
Examples include rent, utilities, salaries, and supplies
Real accounts are accounts that represent assets, liabilities, and equity.
Real accounts are permanent accounts that are not closed at the end of an accounting period.
Examples of real accounts include cash, accounts receivable, accounts payable, inventory, and property, plant, and equipment.
Real accounts are also known as balance sheet accounts.
They are called real accounts because they represent real things that exist
There are 4 types of GSTR in India.
GSTR-1: Outward supplies made by the taxpayer
GSTR-2: Inward supplies received by the taxpayer
GSTR-3: Monthly return based on GSTR-1 and GSTR-2
GSTR-9: Annual return
The due date of TDS Challan payments varies depending on the type of payment and the month of payment.
The due date for TDS payments made in April is May 7th.
The due date for TDS payments made in May is June 7th.
The due date for TDS payments made in June is July 7th.
The due date for TDS payments made in March is April 30th.
The due date for TDS payments made in September is October 7th.
The due date for TDS payments made ...
Capital in business refers to the financial resources used to start and operate a business.
Capital can come from various sources such as investors, loans, or personal savings.
It is used to purchase assets, pay for expenses, and invest in growth opportunities.
Capital is essential for businesses to operate and expand.
Examples of capital include cash, equipment, buildings, and inventory.
Effective management of capital is
Separate Entity system is a concept in accounting where a business is treated as a distinct entity from its owners.
Separate Entity system is also known as Entity Theory.
It means that the business is considered a separate legal entity from its owners.
The business has its own assets, liabilities, and equity, which are separate from those of the owners.
This concept is important in accounting as it helps to ensure that the...
Direct expenses are directly related to production while indirect expenses are not. They impact P&L account differently.
Direct expenses are costs that are directly related to the production of goods or services, such as raw materials, labor, and manufacturing overhead.
Indirect expenses are costs that are not directly related to production, such as rent, utilities, and office supplies.
Direct expenses are included in the...
The shortcut key to repeat an accounting entry in Tally ERP software is Ctrl+R.
The shortcut key Ctrl+R allows users to quickly repeat the last accounting entry made in Tally ERP software.
This feature is useful when multiple entries need to be made with similar details, saving time and effort.
For example, if a user has entered a sales transaction and wants to repeat the same entry for another customer, they can simply p...
Book-keeping is the process of recording financial transactions and maintaining financial records.
It involves recording all financial transactions of a business.
It includes maintaining records of purchases, sales, receipts, and payments.
Book-keeping helps in preparing financial statements and tax returns.
It is important for businesses to maintain accurate and up-to-date book-keeping records.
Examples of book-keeping sof
The shortcut key to copy and paste narration in Tally ERP is Ctrl+Alt+C and Ctrl+Alt+V respectively.
The shortcut key for copying narration in Tally ERP is Ctrl+Alt+C.
The shortcut key for pasting narration in Tally ERP is Ctrl+Alt+V.
These shortcuts can be used to quickly copy and paste narration while working in Tally ERP.
For example, if you want to copy a narration from one entry and paste it into another, you can use
There is no shortcut key to shut any company in Tally ERP.
There is no specific shortcut key to shut any company in Tally ERP.
To shut down a company in Tally ERP, you need to follow a series of steps.
You can use the 'Close Company' option in the Gateway of Tally to shut down a company.
Alternatively, you can use the shortcut key 'Alt+F1' to access the 'Close Company' option.
After selecting the 'Close Company' option, you...
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I was interviewed in Jan 2025.
I was interviewed in Jan 2025.
A sequence was provided: 4181, 2684, 1597, 987, 610.
first 2 are given and write code for other value calculation using java 8
The second question required writing a reverse of a palindrome using both Java 8 streams. I was able to successfully write both and clear the first round.
Java 17 introduces sealed classes to restrict inheritance and improve code maintainability.
Sealed classes are declared using the 'sealed' keyword followed by the permitted subclasses.
Subclasses of a sealed class must be either final or sealed themselves.
Errors may occur when trying to extend a sealed class with a non-permitted subclass.
Implementation of 'notify me if item is back in stock' feature in an ecommerce application
Create a database table to store user notifications for out-of-stock items
Implement a service to check item availability and send notifications to subscribed users
Provide a user interface for users to subscribe to notifications for specific items
posted on 4 Feb 2025
I was interviewed in Jan 2025.
posted on 6 Jan 2025
I applied via Naukri.com and was interviewed in Dec 2024. There was 1 interview round.
I applied via Company Website and was interviewed in Nov 2024. There were 13 interview rounds.
Google primarily focuses on pure data structures and algorithms-based questions during coding interviews. Other computer science core topics are typically not covered in Google's interviews. Therefore, it is essential to be proficient in data structures and algorithms to succeed in the Google coding interview.
An aptitude test is a tool used to evaluate a person's skills, abilities, and potential for success in a specific role or activity.
Group discussion is a process of exchanging ideas and opinions among individuals on a specific topic. It is a structured form of communication in which participants have the opportunity to express their views while also listening to others' perspectives on the same subject.
An assignment is a task or piece of work that you are given to complete, particularly as part of your job or studies. The assignment for the course includes written assignments and practical tests, similar to tasks, work, jobs, or charges.
A case study is a detailed description and assessment of a specific situation in the real world, created for the purpose of deriving generalized insights and understanding. It can focus on an individual, a group of people, an organization, or an event, among other subjects.
SCD Type 2 implementation involves tracking historical changes in data by creating new records for each change.
Identify the columns that need to be tracked for changes
Add effective start and end dates to track the validity of each record
Insert new records for changes and update end dates for previous records
Maintain a surrogate key to uniquely identify each version of the record
I can join the team within 2 weeks.
I can start within 2 weeks of receiving the offer.
I need to give notice to my current employer.
I may need to relocate, which could affect my start date.
posted on 2 Feb 2025
Some of the top questions asked at the Modern Emergency Services interview -
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District Coordinator
6
salaries
| ₹3 L/yr - ₹3.3 L/yr |
Assistant Manager
3
salaries
| ₹5 L/yr - ₹5.3 L/yr |
Ziqitza Health Care
GVK Emergency Management and Research Institute
Falck
Medanta the Medicity